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[3] it acts as a video hosting service, allowing content creators to upload videos and garner subscribers to their content Leonid radvinsky bought a majority stake in onlyfans in 2018 [11] as such, it is part of the creator economy

The company takes 20% of these fees. Creators receive 80 per cent of all payments made by fans. Ownership of onlyfans, led by leonid radvinsky, who acquired the platform in 2019

Explore the company's growth, financial success, and recent developments

What is the company behind onlyfans Fenix, the business that owns onlyfans, is still registered in the uk despite mr radvinsky being based in the us. That's after onlyfans' parent company, fenix international, paid radvinsky a record $701 million in dividends, according to corporate filings shared by the company on friday. Onlyfans has become a household name in content creation, especially for adult content

You might wonder who's behind this platform that changed how creators monetize their work He bought a majority stake in the company in 2018 from its original founders, tim and guy stokely The platform was founded in 2016 by british. Learn who owns onlyfans, how leonid radvinsky transformed it into a global powerhouse, and what drives the billionaire behind the platform's success.

According to publicly available financial filings, radvinsky holds a 100% stake in the company through a parent company called fenix international limited, which is based in the uk.

Of this, $5.8 billion went to creators, $500 million more than in 2023

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